ISLAMABAD: Federal Minister for Finance Senator Ishaq Dar has badly failed in the implementation of Prime Minister’s Export Package announced to promote and boost the declining exports of country.

The authorities had only released Rs4billion among the Rs182 billion allocated by PM Nawaz for the Exports Package for achieving the exports package from February 2017 till June 2017.

According to reliable sources, the Prime Minister Nawaz Sharif has announced an Exports Package worth Rs182 billion in February 2017 for boosting and promoting the declining exports of Pakistan. The Government had to release around Rs182 billion amount till June 2018, but now Ishaq Dar and his team took a major u-turn and have now allocated only Rs4billion amount for the exports package in 2017-18 fiscal year budget.

An official associated with Federal Ministry for Finance on condition of anonymity informed that we have slashed the Exports Package budget due to incompetence and growing corruption in Federal Ministry for Commerce.

The official lashed out by saying that initiatives taken by government in the allocation of funds in the budget are evident at the seriousness of Government in promoting and boosting falling exports of country.